Item 2. Unregistered Sales of Equity Securities
Item 2 – Unregistered Sales of Equity Securities and Use of Proceeds
Below is a summary by month of share purchases by the Company during the second quarter of 2020:
Month
Total Number
of Shares Purchased
Average Price
Paid per Share
Total Number of Shares Purchased as Part of Publicly Announced
Plans or Programs (1)
Maximum Number of Shares that May Yet
Be Purchased Under
the Plans or Programs (1)
April 2020
82
(2)
$
98.89
—
260,605
May 2020
45,162
(3)
$
88.69
45,108
(5)
215,497
June 2020
26,495
(4)
$
94.88
26,447
(5)
189,050
Total
71,739
$
90.99
71,555
189,050
(1)
On February 19, 2013, the Company’s Board of Directors authorized the Company to repurchase up to 1,000,000 shares of its outstanding common stock.
(2)
Consists of 82 shares of Company common stock tendered by employees to settle statutory withholding taxes related to the exercise of SARs.
(3)
Includes 54 shares of Company common stock tendered by employees to settle statutory withholding taxes related to the exercise of SARs.
(4)
Includes 48 shares of Company common stock tendered by employees to settle statutory withholding taxes related to the exercise of SARs.
(5)
Consists of shares of Company common stock purchased on the open market.
Item 3 – Defaults Upon Senior Securities
None
Item 4 – Mine Safety Disclosures
Not applicable
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.